Automatic Identification and Data Capture Market Projected to Reach USD 99.36 Billion at 14.2% CAGR Till 2026 | Avery Dennison, B.O.S. Better Online Solutions, Epson, Bluebird, NCR, Honeywell, Casio

Marketprognosis.com Publish a New Market Research Report On “Automatic Identification and Data Capture - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Automatic Identification and Data Capture Market:

The Global Automatic Identification and Data Capture market is estimated at $30.11 Billion in 2017 and is projected to reach $99.36 Billion by 2026, at a CAGR of 14.2%.

Factors such as growing e-commerce industry, minimizing queuing & transaction time, increasing convenience in making small-value payments and rising adoption of AIDC solutions by financial institutions are expected to drive the market. However, high deployment cost of AIDC solutions is restraining the market growth.

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Automatic identification and data capture (AIDC) is the use of technology to provide direct data entry to a computer, or other micro-processor controlled system, without resorting to manual methods of data entry. Data collection and maintenance has increasingly been automated to the point where AIDC systems can operate without relying upon human operators for basic data identification and capture. The following applications are regularly operated in AIDC mode such has storage, kitting of parts for assembly, material handling, worker attendance, monitoring work order status, work-in-process, machine utilization, sorting, order picking and other measures of factory operation and performance.

Geographically, North America dominated the market followed by Europe. Rise in demand for automated systems that reduce the dependence on manual labor as well as the emergence of cloud-based technology for maintaining databases are a few important factors that drive the market for AIDC systems in these two regions. Growing importance of AIDC systems in the health care sector has also pushed the market for AIDC in North America and Europe.

Major Key Players:

1 Avery Dennison

2 B.O.S. Better Online Solutions

3 Epson

4 Bluebird Inc

5 NCR

6 Honeywell International Inc

7 Casio

8 Zebra Technologies Corporation

9 Denso Wave and More……………..

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Market Segment by Products:

1 Magnetic Stripe Cards

2 Optical Character Recognition (OCR) Systems

3 Barcodes

4 Biometric Systems

5 Smart Cards

6 Radio-frequency identification (RFID) Products

Market Segment by Offerings:

1 Software

2 Hardware

3 Services

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This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Automatic Identification and Data Capture Market.

Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Automatic Identification and Data Capture Market, By Product

6 Global Automatic Identification and Data Capture Market, By Offering

7 Global Automatic Identification and Data Capture Market, By End User

8 Global Automatic Identification and Data Capture Market, By Geography

9 Key Developments

10 Companies Profiling

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This release was published on openPR.